consideration is void unless it is registered under the law (if applicable) and expressed in writing as well as is made on account of natural love and affection between partiers standing in a near relation to each other. Consideration is defined in section 2(d) of the said Act as: ‘When at the desire of the promisor‚ the promise or any other person has done or abstains from doing or promises to do or to abstain from doing something‚ such act or abstinence or promise is called consideration for the promise’
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BUSI K4003 Corporate Finance Syllabus Summer 2012‚ (Summer Q) Instructor: Brendan Mallee bm2115@columbia.edu Class Time/Location: July 2nd – August 8th MW 6:10-9:30pm / Hamilton Hall 516 Course Description: This course examines important issues in corporate finance from the perspective of financial managers who are responsible for making significant investment and financing decisions. The course is designed to develop critical corporate finance skills including: financial statement
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Sophie DeGreen September 16‚ 2014 APUSH Ch. 3 Section Review What was the role of the colonies in the British mercantilist system? The English crown pursued mercantilist policies and stretched it to the America’s through the Navigation Acts. The colonies role in the British mercantilist system was to produce raw materials and goods. Then they would export it ONLY to England where it would be re-exported into finished products. Explain the causes and the results of the Glorious Revolution in
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George Stamper‚ a credit analyst with Micro-Encapsulators Corp (MEC) needed to respond to an urgent email request from the southwest sales office. The local sales manager reported that she had an opportunity to clinch an order from Miami Spice (MS) for 50 encapsulators at $10‚000 each. She added that she was particularly keen to secure this order since MS was likely to have a continuing need for 50 encapsulators a year and could therefore prove a very valuable customer. However‚ orders of this
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Balance Sheet as of December 31‚ 2010 | Gary and Company | Cash | $45 | | Accounts payables | $45 | Receivables | 66 | | Notes payables | 45 | Inventory | 159 | | Other current liabilities | 21 | Marketable securities | 33 | | Total current liabilities | $111 | Total current assets | $303 | | | | Net fixed assets | 147 | | Long Term Liabilities | | Total Assets | $450 | | Long-term debt | 24 | | | Total Liabilities | $135 | | | |
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ETHICS ASSIGNMENT #2 Domino’s Delivers Q.1) Compare the various pizza restaurant chains. Do you agree that fast delivery is the only competitive advantage Domino’s has? If so‚ explain the implications. Ans Dominos Pizza has various marketplace opponents such as Papa Johns‚ Pizza hut‚ NYC Pizza‚ Pizza Inn. In providing services‚ Dominos Pizza have a tiny edge over its competitors’ and dominos providing the best quality service by delivering Pizza in half an hour. Other competitors have high prices
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Chapter 5 Exchange Rate Systems QUESTIONS 3. What is likely to be the most credible exchange rate system? Answer: Among fixed exchange rate systems‚ a monetary union with a common currency is likely the most credible exchange rate system. 8. How can a central bank peg the value of its currency relative to another currency? Answer: To peg the value of its currency to another currency‚ the government must make a market in the two currencies. If there is excess supply of the foreign currency
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HND in Finance Unit: Managing financial resource and Decisions Assignment: A Pizza Hut Franchise Compiled by: Binh Truong‚ MSc. Scenario A Pizza Hut Franchise After some years working in the tertiary sector including spells as a manager for a restaurant and as General Manager for a 5 star Sheraton hotel you have decided that it is time to start your own business. After looking around at the opportunities available you have de cided that a franchise of a fast food restaurant is a
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operates 2 Traders hotels which located at Kuala Lumpur and Penang each as mid-range and business oriented hotels. Parent company of Shangri-La Hotels (Malaysia) Berhad is the Kuok Group and it was established in the year of 1949. It is traded in Bursa Malaysia Securities Berhad (Bursa Malaysia)‚ Stock Code 5517 and Stock Counter named SHANG. There are total 6 properties under SHMB in Malaysia. Every 2 properties located at Kota Kinabalu are Rasa Ria Resort and Tanjung Aru Resort and Spa‚ 2 properties
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Study Guide to accompany Canadian Business and the Law‚ 5th edition Chapter 5 CHAPTER 5 AN INTRODUCTION TO CONTRACTS Objectives After studying this chapter‚ you should have an understanding of • the general concept of a contract • the legal factors in the contractual relationship • the business factors influencing the formation and performance of contracts Learning Outcomes • • • • Understand the meaning of a contract (page 101) Understand when negotiations result in a contract (page 105)
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